Charleston Market Update – November 2025

Charleston’s real estate market continues to show consistency and resilience as we move through 2025. Year-to-date, sales activity closely mirrors 2024, with transactions up 1.5% compared to the same period last year. The median sales price remains strong as well, showing a 2.3% increase and bringing the median home price in our region to $440,000. Encouraging news on interest rates has also contributed to slightly stronger buyer activity. Mortgage rates have dipped back below 6.3%, and the Federal Reserve has signaled that it remains on track for additional rate cuts this year—even with the government shutdown. Lower borrowing costs are beginning to bring more buyers off the sidelines and back into the market.

Charleston’s broader economy is also booming, with major announcements across technology, aerospace, manufacturing, and logistics contributing to long-term economic stability and job growth in the region. Google has announced a $9 billion investment to expand cloud and AI infrastructure in South Carolina, following last year’s $2 billion Dorchester County data center project, bringing 200 new jobs. Boeing and Turkish Airlines have finalized a firm order for up to 75 Boeing 787 Dreamliners manufactured in South Carolina. Eaton is expanding its operations into Charleston County with a $46 million investment and 50 new aerospace manufacturing jobs. Maars will open its first U.S. facility in Charleston County, adding 10 new jobs with a $3 million investment. ABA Automotive is launching its first U.S. operation in North Charleston, creating three new jobs with a $400,000 investment. NEFCO has opened its first Lowcountry branch in North Charleston. Santee Cooper and Century Aluminum have extended their power agreement through 2031, allowing Mount Holly to reopen an idled pipeline, increase capacity by 25%, and add 100 high-paying jobs. Tikvah Health and Wellness has established new operations at the Harbor Entrepreneur Center and expects to create 13 jobs. QMP Inc. is investing $5.1 million in Colleton County to establish its first East Coast manufacturing operation, creating 233 new jobs. Keel is expanding its Yonges Island Shipyard with a $67 million investment and 170 new jobs.

As November settles in, Charleston shines with holiday spirit and coastal charm, from crisp fall mornings to gatherings that remind us what home truly means. We feel grateful every day to live and work in such a special place and to help our clients find the perfect home to enjoy all the Lowcountry has to offer. Wishing you and your family a wonderful Thanksgiving filled with warmth, love, and happiness.